Chris Jin, Bohai`s CEO, said: “Avolon is a leader in the aircraft leasing industry with a proven team and platform. We are pleased to announce this takeover agreement. Our vision at Bohai is to make each of our transportation finance companies world leaders. Avolon has experienced remarkable growth over the past 5 years to become an industry leader with its own business model, and the company is a powerful complement to our investments in the aircraft leasing sector. The agreement was signed with the Hudong-Zhonghua Shipbuilding Group of the China State Shipbuilding Corporation (CSSC), whose capacity will be reserved for QP until 2027. In May 2019, an interim agreement was signed between Nuclearelectrica and CHina General Nuclear Power Corporation (CGN) and CGN Central and Eastern Europe Investment (CEERI) to create a joint project company for the construction of Units 3 and 4 at the Cernavoda nuclear power plant. The entity is expected to be a limited company that will last at least two years, with CGN holding a 51% stake and Nuclearelectrica 49%. Qatar Petroleum (QP) has signed an agreement of QR 11 billion ($3.01 billion) to reserve the construction of liquefied natural gas (LNG) in China, which will be used for future requirements of the LNG fleet. On Friday, Romanian Energy Minister VIrgil Popescu will meet with US Energy Secretary Dan Brouillette to sign a cooperation agreement. As part of the cooperation and licensing agreement, Biogen and Sage will jointly develop and commercialize zuranolones, severe depressive disorder (DDM) screening treatment, postpartum depression and other psychiatric disorders. Officials from both companies signed the agreement in a virtual ceremony due to the Covid 19 pandemic.
The agreement will also cover development projects in Nordfeld, which aim to increase the country`s LNG production capacity from 77 million tonnes to 126 million tonnes per year. The PQ`s LNG fleet program is considered to be the largest in the LNG industry and will help the company meet the requirements of local and national LNG projects. It is also expected to replace part of Qatar`s current LNG fleet. “By concluding this agreement to reserve a large portion of Hudong`s LNG construction capacity by 2027, we are confident that we are on track to meet our future LNG fleet requirements in time to support our growing LNG production capacity.” The transaction is expected to be neutral in 2019, with an increase in core EPS from 2020 and a significant contribution in 2023. No closing conditions are available for booking. The cooperation agreement will enter into force on 29 March 2019. The transaction and financing agreements do not affect the Company`s 2019 financial forecast, published on February 14, 2019. The Romanian authorities will sign cooperation and financing agreements with your partners in the United States for a 6.8 billion euro project to modernize the Cernavoda 1 nuclear power plant, as well as the construction of Units 3 and 4, said U.S. Ambassador to Romania Adrian Zuckerman. AstraZeneca has entered into a comprehensive development and marketing agreement with Daiichi Sankyo Company, Limited (Daiichi Sankyo) for trastuzumab deruxtecan (DS-8201), a proprietary antibody-antibody conjugate (ADC) and potential new targeted drugs for the treatment of cancer. Under the agreement, Biogen Sage will pay $1.525 billion in cash, which consists of a down payment of $875 million and a $650 million stake in the company.Uncategorized